ATA (NASDAQ:AACG) Issues Earnings Results

Key Points

• ATA reported a quarterly earnings per share (EPS) of ($0.04) with a negative net margin of 9.29% and return on equity of 36.69%.
• The company's stock traded at $1.89, reaching a 1-year high of $2.30 and a low of $0.50, with a market capitalization of $60.31 million.
• Wall Street analysts have issued a "sell" rating for ATA following their coverage of the stock.

ATA (NASDAQ:AACG - Get Free Report) announced its quarterly earnings data on Wednesday. The company reported ($0.04) EPS for the quarter, Zacks reports. ATA had a negative net margin of 9.29% and a negative return on equity of 36.69%.

ATA Price Performance

ATA stock traded up $0.24 during mid-day trading on Friday, reaching $1.89. The company had a trading volume of 271,994 shares, compared to its average volume of 110,898. ATA has a 1 year low of $0.50 and a 1 year high of $2.30. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.20 and a quick ratio of 0.20. The company has a market capitalization of $60.31 million, a P/E ratio of -18.90 and a beta of 1.04. The stock's 50-day simple moving average is $0.98 and its 200-day simple moving average is $0.93.

Wall Street Analyst Weigh In

Separately, Wall Street Zen assumed coverage on shares of ATA in a report on Wednesday, May 21st. They issued a "sell" rating for the company.

ATA Company Profile

ATA Creativity Global, together with its subsidiaries, provides educational services to individual students through its training center network in China and internationally. Its educational services include portfolio training, research-based learning, overseas study counselling, in-school art classes through cooperation with high schools and training organizations, foreign language training services, junior art education, and other related educational services to its students.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.